At a time when Stripe already decided to leave the city for the peninsula and then Square, Twitter and Coinbase went remote, some SF supervisors are putting a tax on stock-based compensation on the ballot.https://twitter.com/TrishaThadani/status/1273073464107167746 …
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Reading this, it seems to be more sane? https://www.cnbc.com/2020/06/17/san-francisco-proposes-overpaid-executive-tax.html … A tax aimed at the executive level that is less impacted atm by covid, not aimed at completely patching the hole but a part of the contribution of reducing the impact
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Or is this a different tax initiative lol
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Nobody said these people were smart.
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"That's something even that I don't fully understand..." At least he's honest about it.
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Since they can't depend on steady income from outsiders visiting the city to provide tax revenue, they've decide to go after one of the most volatile sources of revenue available, stock options.
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After looking at Mar's Linkedin, I had to do a double take I didn't accidentally look up Martin Scorsese based on the number of "directing" roles he has had.
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Oh dear god.
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As someone trying to build the startup community on this side of the Bay, you’d think I’d love this. But I suspect SF being poorly run will on balance be bad for all of us.
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I vote you run for your District. We need sane voices in the City Hall and not folks out of touch of reality
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